No need to guess the rise and fall, the big cake short-term high and then fell, the trend fell into high-level shock again, will it rise or fall next? This signal is very obvious, no time to talk nonsense, let's take a look!

1. After a sharp rise this week, the big cake tested around 93k and then fell back, only one step away from the 100k integer mark! At this stage of the market development, the trend is very stalemate, easy to rise but difficult to fall!

2. From a technical point of view, the 4-hour trend macd stochastic indicator dead cross, short-term price has signs of peaking, but the strength of the callback needs further observation, and the intraday market is expected to fluctuate and callback! Pay attention to the resistance of 88.5k on the top and the support of 86.8k on the bottom!

3. The three major U.S. stock indexes closed down on Thursday. Federal Reserve Chairman Powell said there is no need to rush to cut interest rates at present, and hinted that there may be no interest rate cut in December.

In terms of data, the number of initial jobless claims in the United States last week fell to a new low since May. U.S. producer prices accelerated in October, indicating that the inflation indicators favored by the Federal Reserve have upside risks.